CoreLedger is proud to announce that we are adding support for NFTs (Non-Fungible Tokens) in our upcoming release. This update is particularly timely, as we’ve had an unprecedented number of requests for this feature, and public interest in NFTs has exploded recently.
What are NFTs?
An NFT essentially grants the holder ownership of digital items. This could be a digital artwork, or even real estate, cars, and luxury goods. NFTs originally became popular with the Crypto Kitties collectibles game, which saw the price of digital cats on blockchain skyrocket. With increasing virtualization, we expect that ownership records for non-fungible items will become increasingly needed, not just for games and hobbies, but for everyday life in virtual spaces.
How will CoreLedger Implement NFTs?
CoreLedger’s mission is to make the benefits of blockchain easily and affordably accessible to companies of all sizes. Our CORELEDGER TEOS platform already offers a rich suite of tools and options for digitalized items, all of which can be easily integrated into consumer products. With this update, our customers will now be able to create, document, administrate, and trade NFTs directly from our existing Token Economy Operating System.
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